Kaufman boosts its Apple (AAPL +0.7%) target to $253 from $235, saying it expects a "blowout"...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Kaufman boosts its Apple (AAPL +0.7%) target to $253 from $235, saying it expects a "blowout" FQ1, despite continued difficult macroeconomic conditions and ever-rising investor expectations. Firm says Apple could ship 9.5M iPhones, topping its prior quarterly record of 7.4M.